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Novo Resources Corp

Basic Materials CA NVO

0.1025CAD
-0.0025(2.38%)

Last update at 2026-03-10T19:58:00Z

Day Range

0.100.12
LowHigh

52 Week Range

0.070.28
LowHigh

Fundamentals

  • Previous Close 0.10
  • Market Cap47.88M
  • Volume706071
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-12.67200M
  • Revenue TTM2.50M
  • Revenue Per Share TTM0.009
  • Gross Profit TTM 2.31M
  • Diluted EPS TTM-0.05

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2023-01-31 2022-12-31 2022-01-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2023-01-31 2022-12-31 2022-01-31
Income before tax -22.63500M -49.39000M -106.63000M -106.63000M 6.44M
Minority interest - - - - -
Net income -23.22900M -127.81100M -105.41800M -105.41800M -0.70400M
Selling general administrative 8.99M 14.67M 14.77M 14.77M 25.09M
Selling and marketing expenses 11.05M 9.72M - - -
Gross profit -2.15100M -5.96400M -23.63600M -23.63600M 1.48M
Reconciled depreciation 1.38M 5.59M 25.84M 25.84M 26.54M
Ebit -21.22400M -30.35400M -69.25700M -69.50200M -33.42700M
Ebitda -19.07300M -24.39000M -43.41800M -43.41800M -6.89100M
Depreciation and amortization 2.15M 5.96M 25.84M 26.08M 26.54M
Non operating income net other - - - - -
Operating income -19.19700M -30.35400M -122.20200M -122.20200M -68.16900M
Other operating expenses 19.20M 30.35M 167.21M 167.21M 148.45M
Interest expense 1.41M 0.38M 11.35M 11.35M 10.37M
Tax provision 0.59M -0.49600M -1.21200M -1.21200M 7.14M
Interest income 0.35M 0.70M 14.60M 14.60M 11.70M
Net interest income -1.05800M 0.33M -7.44100M -7.44100M -11.94700M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.59M -0.49600M -1.21200M -1.21200M 7.14M
Total revenue 0.00000M 0.00000M 92.04M 92.04M 112.24M
Total operating expenses 17.05M 24.39M 51.53M 51.53M 37.69M
Cost of revenue 2.15M 5.96M 115.68M 115.68M 110.77M
Total other income expense net -3.43800M -19.03600M -24.02100M -24.02100M 54.60M
Discontinued operations - - - - -
Net income from continuing ops -23.22900M -48.89400M -105.41800M -105.41800M -0.70400M
Net income applicable to common shares - - -105.41800M -105.41800M -0.70400M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2023-01-31 2022-12-31 2022-01-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2023-01-31 2022-12-31 2022-01-31
Total assets 85.27M 106.45M 256.16M 256.16M 462.68M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - 0.82M 1.12M 1.12M 1.16M
Total liab 15.78M 21.53M 68.19M 68.19M 148.42M
Total stockholder equity 69.50M 84.92M 187.97M 187.97M 314.26M
Deferred long term liab - - - - -
Other current liab - 5.32M 16.68M 16.68M 17.64M
Common stock 415.56M 414.90M 396.82M 396.82M 388.78M
Capital stock - 414.90M 396.82M 396.82M 388.78M
Retained earnings -346.06600M -391.16500M -263.35400M -263.35400M -157.93600M
Other liab - - 43.18M 43.18M 47.05M
Good will - - - - -
Other assets 0.10M - 0.10M 0.10M 0.08M
Cash 10.69M 11.61M 47.92M 47.92M 32.34M
Cash and equivalents - - - - -
Total current liabilities 4.36M 8.98M 22.73M 22.73M 45.46M
Current deferred revenue - 1.93M - - 16.56M
Net debt - -9.99800M -41.32700M -41.32700M 48.14M
Short term debt 0.00000M 1.17M 4.31M 4.31M 24.57M
Short long term debt - - - - 5.78M
Short long term debt total - 1.61M 6.60M 6.60M 80.49M
Other stockholder equity - - 60.13M 60.13M 57.45M
Property plant equipment 41.80M - 178.93M 178.93M 257.01M
Total current assets 11.46M 23.86M 56.43M 56.43M 49.38M
Long term investments - 34.40M 20.70M 20.70M 156.21M
Net tangible assets - - 187.97M 187.97M 314.26M
Short term investments 0.12M 0.15M 0.15M 0.15M 0.11M
Net receivables - 11.28M 2.59M 2.59M 6.13M
Long term debt - - 0.00000M 0.00000M 37.38M
Inventory - 0.00000M 4.64M 4.64M 9.65M
Accounts payable - 0.56M 1.74M 1.74M 3.25M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 61.19M -5.62800M -5.62800M 25.97M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - 44.35M 0.10M 0.10M 0.08M
Deferred long term asset charges - - - - -
Non current assets total - 82.59M 199.73M 199.73M 413.30M
Capital lease obligations - 1.61M 6.60M 6.60M 30.98M
Long term debt total 0.31M - 2.28M 2.28M 55.91M
Breakdown 2024-12-31 2023-12-31 2023-01-31 2022-12-31 2022-01-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2023-01-31 2022-12-31 2022-01-31
Investments 10.57M -1.47300M 119.69M 119.69M 10.36M
Change to liabilities - - -7.36000M -7.36000M 11.37M
Total cashflows from investing activities 19.69M - 119.69M 119.69M -7.75700M
Net borrowings -1.18900M - -62.94200M -62.94200M -5.60100M
Total cash from financing activities -3.81400M 12.83M -57.86500M -57.86500M 19.63M
Change to operating activities - - - - -4.83700M
Net income -23.22900M -48.89400M -106.63000M -106.63000M -0.70400M
Change in cash -0.92400M -36.31200M 15.58M 15.58M -8.14900M
Begin period cash flow 11.61M 47.92M 32.34M 32.34M 40.49M
End period cash flow 10.69M 11.61M 47.92M 47.92M 32.34M
Total cash from operating activities -16.72700M -47.43300M -46.18600M -46.18600M -19.65600M
Issuance of capital stock 0.00000M 17.15M 5.00M 5.00M 1.97M
Depreciation 2.15M 5.96M 25.84M 25.84M 18.73M
Other cashflows from investing activities 9.00M - 125.17M 125.17M 10.92M
Dividends paid - - - - -
Change to inventory 0.00000M 4.55M 5.00M 5.00M -5.80700M
Change to account receivables 1.12M -7.85800M 3.54M 3.54M -4.32100M
Sale purchase of stock - - 5.00M 5.00M 28.37M
Other cashflows from financing activities -2.62500M 16.15M -51.03300M -51.03300M 29.55M
Change to netincome - - -15.89400M -15.89400M -93.29500M
Capital expenditures 0.00000M 1.69M 5.48M 5.48M 18.68M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.99600M -12.40800M 1.22M 1.22M 0.72M
Stock based compensation 0.30M 1.39M 2.83M 2.83M 10.02M
Other non cash items 5.35M 23.14M 30.55M 5.65M -48.42200M
Free cash flow -16.72700M -49.12600M -51.66400M -51.66400M -38.33300M

Peer Comparison

Sector: Basic Materials Industry: Gold

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NVO
Novo Resources Corp
-0.0025 2.38% 0.10 - - 0.66 0.72 12.20 -0.2566
AEM
Agnico Eagle Mines Limited
2.79 0.91% 308.43 27.83 17.06 12.33 4.34 9.47 14.62
ABX
Barrick Gold Corp
0.38 0.61% 62.65 21.17 13.14 6.95 3.23 5.55 9.23
WPM
Wheaton Precious Metals Corp
3.85 1.92% 204.88 62.17 32.89 47.50 7.66 33.22 41.62
FNV
Franco-Nevada Corporation
-0.51 0.14% 356.88 47.19 31.06 38.67 6.59 29.66 31.64

Reports Covered

Stock Research & News

Profile

Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Australia. It primarily explores for gold and copper deposits. The company holds flagship Becher Project located in the Western Australia. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 2011. Novo Resources Corp. was incorporated in 2009 and is headquartered in West Perth, Australia.

Novo Resources Corp

46 Ventnor Avenue, West Perth, WA, Australia, 6005

Key Executives

Name Title Year Born
Mr. Michael John Spreadborough MBA Exec. Co-Chairman & Acting CEO NA
Mr. Ronan Sabo-Walsh CFO & Corp. Sec. NA
Mr. Leonidas Karabelas VP of Corp. Communications 1979
Ms. Karen De Luca Gen. Mang. of Exploration NA
Mr. Alwin van Roij Sr. Exploration Geologist NA
Mr. Michael John Spreadborough MBA Executive Co-Chairman & Acting CEO NA
Ms. Elza van der Walt CFO & Corporate Secretary NA
Ms. Karen De Luca General Manager of Exploration NA
Mr. Alwin van Roij Senior Exploration Geologist NA

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